Get back to me when you can define “too much profit” or “out of control profit.”
Profit controls itself, via the market place. You seem to think the buyer has a gun held to his head, rather than it being a voluntary transaction.
No one in their right mind believes unrestrained capitalism will regulate itself, as the recent mortgage crisis amply demonstrated.
Capitalism is a powerful tool, surely the most powerful tool yet devised for creating wealth. But just like any powerful tool, it has the ability to accomplish tremendous good, if used properly, or reek the most unimaginable damage if used improperly. Thus it becomes the function of the state to regulate capitalism properly in order to insure the common good of all.
ex animo
davidfarrar